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GoldSim's New Financial Module Targets Spreadsheet Users

SEATTLE, WA -- (MARKET WIRE) -- October 25, 2006 -- The GoldSim Technology Group, a leading
provider of advanced simulation software, today announced the release of
its new module for financial analysis and risk management.

The GoldSim Financial Module provides a toolkit for representing funds,
cash flows, investments, options, and insurance policies. The Financial
Module integrates with GoldSim's powerful general-purpose simulation
framework, which supports probabilistic, dynamic simulation of complex
systems. As a result, unlike specialized financial engineering tools,
GoldSim is able to incorporate financial modeling within a larger context.
A typical model of a business, for example, might need to address the
operational and the financial consequences of external factors such as
extreme weather events or supply chain disruptions. These can be readily
modeled by GoldSim.

The GoldSim Financial Module is targeted at organizations that use
spreadsheets as their primary financial modeling tool. Although
spreadsheets are useful for accounting tasks and making simple projections,
they are poorly adapted for dynamic modeling tasks. For example,
spreadsheets have difficulty representing factors such as sudden events, or
systems that can evolve over time in complex ways. Moreover, spreadsheet
models can be difficult to maintain and explain to others, and are prone to
errors. GoldSim overcomes these limitations and provides a graphical and
flexible environment for building quantitative financial models. In
addition, because GoldSim can link seamlessly to spreadsheets, modelers can
still use them as databases for inputs and outputs, and even as subroutines
for specialized calculations.

Ian Miller, GoldSim President, remarks, "We see an increasing need for
organizations to move beyond spreadsheets in order to perform sophisticated
modeling and realistic financial forecasting that integrates all aspects of
their business. Such a 'total system' approach is becoming increasingly
necessary to support effective risk management and decision-making. The
GoldSim Financial Module provides a powerful and flexible tool that meets
this need."

A fully functional evaluation version of the software can be downloaded at
www.goldsim.com.

GoldSim Technology Group is a privately held software company dedicated to
delivering software and services to help users understand complex systems
and make better decisions. GoldSim software is used by over 150
organizations worldwide to support risk management, strategic planning, and
policy analysis in many industries, including mining, health care, energy,
manufacturing, defense and aerospace.